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Insurance
Great American Insurance Group has revealed it plans to boost its E&S presence by forming a new division designed to leverage the collective experience of two units: the American Empire Group and the Specialty E&S Division. 23 August 2017
News
Pioneer Special Risk, a unit of Pioneer Underwriters, said on Aug. 23 that it has launched a new suite of cyber coverage insuring allied healthcare entities against a host of digital risks. 23 August 2017
News
Risk analytics firm Metabiota said on Aug. 22 that it signed a strategic agreement with Munich Re which is set to help the reinsurer to enhance insurability against losses related to epidemics. 23 August 2017
Insurance
Crop Pro Insurance, a new managing general agent (MGA) specializing in crop insurance, has appointed its co-founder as its new president. 22 August 2017
News
US property/casualty reinsurers enjoyed growth in their gross written premiums in the first six months of the year, according to a survey of 18 reinsurers’ statutory underwriting results conducted by the Reinsurance Association of America (RAA). 22 August 2017
Insurance
Direct Insurance London Market, the Lloyd’s division of specialist broker Direct Insurance Group, has reached agreement to take on Alwen Hough Johnson’s Latin American facultative business and hire two of its senior executives as it targets growth in that region. 22 August 2017
Insurance
Willis Towers Watson has hired a senior executive from Marsh USA into the role of corporate risk and broking market leader for its Metro DC/Chesapeake market. 22 August 2017
Insurance
Brit has hired Aspen Insurance’s vice president, primary casualty, to the role of senior vice president, excess casualty, its unit for Brit Global Specialty USA. 22 August 2017
News
Bermuda has been sent a questionnaire by the EU which could potentially result in the jurisdiction being defined as a tax haven with negative consequences for its re/insurance industry, but the country’s Ministry of Finance explained to Intelligent Insurer why such a scenario would not be justified. 22 August 2017
Insurance
If Hurricane Andrew were to recur today the expected total industry insured losses, based on today's exposures, would be approximately $56 billion in the US, catastrophe risk modelling firm AIR Worldwide said on Aug. 21. 21 August 2017
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